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25 tips from top executives

Floor Covering News

Since many of them will already be employed by 2025 and 2026, your company’s best chance to find new employees or poach from a competitor will be in 2024. We know that shopping for floor covering is often a terrible user experience, and most retailers don’t have much ability to change that. economy and jobs.

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Retailers weigh in on effect of rising minimum wage

Floor Covering News

The hikes prompted the World Floor Covering Association (WFCA) to remind flooring retailers that just because they pay more than minimum wage doesn’t mean they can ignore the increases. FCNews contacted more than a dozen flooring retailers in states that are seeing minimum wage increases. Most of these changes took effect Jan.

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Positive predictions amid all the uncertainty

Floor Covering News

With inflation comes some fear consumers will have less disposable income for purchases like flooring. Not until late 2025 and into 2026.” As demand settles to a more sustainable level, there will still be plenty of need for flooring. The cost to fill up a large SUV these days is greater than some countries’ GDP.

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Exclusive: Boen and Somerset—A dynamic duo

Floor Covering News

A few months ago Bauwerk Group, a Switzerland-based manufacturer of hardwood flooring that also owns the Boen brand, purchased the prefinished side of Somerset Hardwood Flooring , the company founded by Steve Merrick in 1990 as a supplier of unfinished goods. I’m looking on the floor. And that’s a whole different perspective.

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Economics: ITR forecast signals return to ‘normalized’ growth

Floor Covering News

Retail sales trends. One of the many leading indicators ITR Economics examines in its forecasting models is retail sales trends. Retail sales are, of course, going to slow down,” Beaulieu said, citing the absence of stimulus funding that was injected into the U.S. In fact, retail sales are doing well in many parts of the world.